Gold gains on safe-haven demand amid global uncertainties

Gold gains on safe-haven demand amid global uncertainties

GOLD climbed on Monday (Dec 30) as conflict in the Middle East lifted bullion’s safe-haven appeal, while investors looked forward to US Federal Reserve’s interest rate outlook and Donald Trump’s tariff policies, which could shape the metal’s 2025 trajectory. Spot gold rose 0.1 per cent to US$2,622.93 per ounce, as at 0040 GMT. US gold…

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Cocoa market stands at crossroads in volatile market

Cocoa market stands at crossroads in volatile market

THE cocoa market in 2024 has been a rollercoaster ride, marked by record highs, sharp declines, and underlying challenges that suggest the volatility may not be over. Cocoa has emerged as the year’s best-performing commodity, even outpacing bitcoin’s meteoric rise. This remarkable performance underscores its importance in global trade. On Dec 18, 2024, US cocoa…

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